Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 426.0M | 555.0M | 555.0M | 592.0M | 446.0M | 401.0M | 380.0M | 364.0M | 316.0M | 360.0M | 457.0M | 268.0M | 224.0M | 193.0M |
| Revenue Growth % | -23.2% | 0.0% | -6.2% | 32.7% | 11.2% | 5.5% | 4.4% | 15.2% | -12.2% | -21.2% | 70.5% | 19.6% | 16.1% | -- |
| Total Revenue | 426.0M | 555.0M | 555.0M | 592.0M | 446.0M | 401.0M | 380.0M | 364.0M | 316.0M | 360.0M | 457.0M | 268.0M | 224.0M | 193.0M |
| Cost Of Revenue | 325.0M | 405.0M | 394.0M | 426.0M | 309.0M | 264.0M | 253.0M | 251.0M | 206.0M | 231.0M | 282.0M | 168.0M | 134.0M | 116.0M |
| Gross Profit | 101.0M | 150.0M | 161.0M | 166.0M | 137.0M | 137.0M | 127.0M | 113.0M | 110.0M | 129.0M | 175.0M | 100.0M | 90.0M | 77.0M |
| Gross Margin % | 23.7% | 27.0% | 29.0% | 28.0% | 30.7% | 34.2% | 33.4% | 31.0% | 34.8% | 35.8% | 38.3% | 37.3% | 40.2% | 39.9% |
| Total Operating Cost | 436.0M | 573.0M | 526.0M | 586.0M | 449.0M | 366.0M | 345.0M | 334.0M | 260.0M | 277.0M | 348.0M | 217.0M | 177.0M | 152.0M |
| Selling Expenses | 40.3M | 41.6M | 44.0M | 46.2M | 39.4M | 38.6M | 31.8M | 27.1M | 18.3M | 17.9M | 22.3M | 17.0M | 16.4M | 12.7M |
| Admin Expenses | 29.8M | 30.6M | 28.8M | 31.8M | 30.9M | 27.6M | 28.2M | 25.3M | 37.0M | 32.6M | 42.2M | 29.1M | 26.4M | 21.0M |
| Rd Expenses | 41.8M | 45.9M | 60.7M | 52.1M | 41.5M | 34.4M | 27.1M | 23.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -7.2M | -8.7M | -21.8M | 785,000 | 5.0M | -4.6M | -4.5M | -3.0M | -3.6M | -5.7M | -1.9M | -877,700 | -135,700 | -431,000 |
| Operating Income | 8.6M | 16.9M | 37.0M | 24.3M | 12.2M | 53.8M | 49.3M | 42.0M | 65.2M | 90.9M | 108.0M | 50.8M | 47.0M | 40.7M |
| Operating Margin % | 2.0% | 3.0% | 6.7% | 4.1% | 2.7% | 13.4% | 13.0% | 11.5% | 20.6% | 25.3% | 23.6% | 19.0% | 21.0% | 21.1% |
| Non Operating Income | 146,100 | 82,200 | 287,500 | 1.7M | 20.8M | 562,600 | 11.4M | 1.5M | 3.6M | 4.4M | 4.6M | 3.2M | 3.0M | 1.3M |
| Non Operating Expenses | 32,500 | 74,900 | 105,800 | 17,900 | 107,000 | 225,900 | 512,200 | 20,600 | 45,000 | 61,000 | 164,900 | 120,500 | 61,400 | 23,700 |
| Investment Income | 13.4M | 29.8M | 3.8M | 4.8M | 8.3M | 13.9M | 8.6M | 8.0M | 7.0M | 4.1M | -- | -- | -- | -- |
| Fair Value Change Income | 2.1M | -261,700 | 732,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 25,600 | 11,800 | 3,900 | -53,000 | -238,900 | -22,500 | -17,900 | -91,900 | -2,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 1.7M | 1.5M | 15.8M | 17.9M | 13.6M | 1.2M | 6.0M | 5.2M | -22,000 | -534,000 | 2.6M | 2.2M | -1.0M | 1.4M |
| Other Income | 2.4M | 5.3M | 3.8M | 13.2M | 6.4M | 5.4M | 6.1M | 3.4M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 8.7M | 16.9M | 37.2M | 26.0M | 32.9M | 54.1M | 60.2M | 43.4M | 68.8M | 95.3M | 112.0M | 53.9M | 50.0M | 42.0M |
| Income Tax | 785,000 | -4.4M | 6.8M | 4.7M | 6.2M | 8.0M | 7.7M | 7.5M | 11.1M | 14.7M | 14.8M | 7.3M | 7.2M | 6.8M |
| Net Income | 8.0M | 21.3M | 30.4M | 21.2M | 26.7M | 46.1M | 52.5M | 36.0M | 57.8M | 80.6M | 97.6M | 46.6M | 42.7M | 35.2M |
| Net Margin % | 1.9% | 3.8% | 5.5% | 3.6% | 6.0% | 11.5% | 13.8% | 9.9% | 18.3% | 22.4% | 21.4% | 17.4% | 19.1% | 18.2% |
| Net Income Attributable | 8.2M | 25.6M | 24.8M | 29.1M | 31.8M | 49.9M | 53.6M | 38.5M | 57.8M | 80.6M | 97.6M | 46.6M | 42.7M | 35.2M |
| Minority Interest | -201,000 | -4.3M | 5.6M | -7.9M | -5.1M | -3.8M | -1.1M | -2.5M | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.03 | 0.08 | 0.08 | 0.09 | 0.10 | 0.15 | 0.31 | 0.23 | 0.34 | 0.65 | 1.54 | 0.74 | 0.68 | 0.59 |
| Eps Diluted | 0.03 | 0.08 | 0.08 | 0.09 | 0.10 | 0.15 | 0.31 | 0.23 | 0.34 | 0.65 | 1.54 | 0.74 | 0.68 | 0.59 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 283.0M | 296.0M | 247.0M | 314.0M | 308.0M | 296.0M | 223.0M | 332.0M | 314.0M | 559.0M | 219.0M | 135.0M | 97.3M | 63.1M |
| Trading Financial Assets | 276.0M | 274.0M | 257.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 218.0M | 229.0M | 270.0M | 319.0M | 244.0M | 190.0M | 204.0M | 190.0M | 93.5M | 110.0M | 118.0M | 91.0M | 59.5M | 71.9M |
| Notes Receivable | 16.5M | 31.6M | 29.1M | 37.7M | 26.5M | 42.8M | 19.8M | 41.8M | 10.5M | 15.5M | 3.8M | 7.3M | 4.3M | 17.6M |
| Notes And Accounts Receivable | 234.0M | 260.0M | 299.0M | 357.0M | 271.0M | 232.0M | 224.0M | 232.0M | 104.0M | 125.0M | 122.0M | 98.3M | 63.8M | 89.5M |
| Prepayments | 1.0M | 2.5M | 4.5M | 2.8M | 8.2M | 5.3M | 1.6M | 3.8M | 771,500 | 1.3M | 3.8M | 1.8M | 2.1M | 3.4M |
| Inventory | 127.0M | 136.0M | 198.0M | 179.0M | 128.0M | 91.4M | 90.3M | 77.8M | 51.8M | 53.6M | 62.3M | 42.7M | 44.8M | 35.2M |
| Total Current Assets | 961.0M | 1.0B | 1.0B | 996.0M | 926.0M | 858.0M | 838.0M | 829.0M | 747.0M | 742.0M | 411.0M | 281.0M | 211.0M | 193.0M |
| Fixed Assets | -- | 78.7M | 81.4M | 81.9M | 76.9M | 75.5M | 75.3M | 66.2M | 62.9M | 44.3M | 44.4M | 45.3M | 40.8M | 41.0M |
| Fixed Assets Total | 78.0M | 78.7M | 81.4M | 81.9M | 76.9M | 75.5M | 75.3M | 66.2M | 62.9M | 44.3M | 44.4M | 45.3M | 40.8M | 41.0M |
| Construction In Progress | -- | -- | -- | -- | 143,300 | 25,200 | 597,800 | 2.4M | 205,400 | 2.0M | 66,000 | 214,100 | 2.8M | -- |
| Construction In Progress Total | -- | -- | -- | -- | 143,300 | 25,200 | 597,800 | 2.4M | 205,400 | 2.0M | 66,000 | 214,100 | 2.8M | -- |
| Intangible Assets | 9.0M | 9.4M | 13.5M | 12.5M | 13.5M | 13.7M | 13.5M | 12.5M | 11.6M | 5.5M | 5.8M | 5.4M | 5.4M | 5.6M |
| Long Term Deferred Expenses | 2.4M | 4.0M | 5.5M | 6.7M | 7.2M | 4.0M | 2.1M | 2.0M | 1.8M | 1.8M | 1.3M | 537,800 | 531,700 | 395,400 |
| Total Non Current Assets | 213.0M | 170.0M | 158.0M | 160.0M | 151.0M | 154.0M | 150.0M | 138.0M | 81.7M | 58.4M | 56.7M | 53.5M | 51.0M | 48.5M |
| Total Assets | 1.2B | 1.2B | 1.2B | 1.2B | 1.1B | 1.0B | 988.0M | 967.0M | 829.0M | 800.0M | 468.0M | 334.0M | 262.0M | 241.0M |
| Short Term Borrowings | -- | -- | 3.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 126.0M | 95.2M | 129.0M | 160.0M | 99.7M | 74.6M | 77.9M | 91.9M | 51.9M | 63.8M | 73.8M | 47.0M | 27.7M | 42.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.4M | 4.5M | 1.7M | 1.4M | 1.3M | 1.8M | 1.9M | 3.8M | 318,500 |
| Contract Liabilities | 3.6M | 5.8M | 5.4M | 4.5M | 2.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 190.0M | 195.0M | 242.0M | 232.0M | 171.0M | 119.0M | 127.0M | 145.0M | 95.4M | 103.0M | 132.0M | 86.9M | 61.9M | 80.3M |
| Total Non Current Liabilities | 2.1M | 1.4M | 690,700 | 1.3M | 10.8M | 13.1M | 15.8M | 16.8M | 18.5M | 19.2M | 17.6M | 15.6M | 7.0M | 5.5M |
| Total Liabilities | 192.0M | 196.0M | 243.0M | 233.0M | 182.0M | 133.0M | 143.0M | 161.0M | 114.0M | 122.0M | 150.0M | 103.0M | 68.9M | 85.8M |
| Paid In Capital | 326.0M | 326.0M | 326.0M | 326.0M | 325.0M | 325.0M | 171.0M | 171.0M | 169.0M | 169.0M | 63.2M | 63.2M | 63.2M | 63.2M |
| Capital Reserve | 133.0M | 133.0M | 133.0M | 133.0M | 122.0M | 119.0M | 272.0M | 272.0M | 211.0M | 211.0M | 36.7M | 36.7M | 36.7M | 36.7M |
| Surplus Reserve | 61.1M | 59.1M | 58.1M | 55.7M | 51.7M | 48.3M | 44.9M | 40.9M | 37.7M | 32.0M | 24.0M | 14.3M | 9.6M | 5.4M |
| Retained Earnings | 461.0M | 460.0M | 440.0M | 424.0M | 403.0M | 390.0M | 357.0M | 321.0M | 298.0M | 267.0M | 194.0M | 118.0M | 83.5M | 50.2M |
| Minority Equity | 397,200 | 598,200 | -9.1M | -14.7M | -6.8M | -2.4M | 356,700 | 821,200 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 981.0M | 978.0M | 957.0M | 938.0M | 902.0M | 882.0M | 845.0M | 805.0M | 715.0M | 678.0M | 318.0M | 232.0M | 193.0M | 155.0M |
| Total Equity | 982.0M | 979.0M | 948.0M | 923.0M | 895.0M | 879.0M | 845.0M | 806.0M | 715.0M | 678.0M | 318.0M | 232.0M | 193.0M | 155.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 409.0M | 552.0M | 630.0M | 475.0M | 417.0M | 421.0M | 380.0M | 307.0M | 345.0M | 351.0M | 388.0M | 244.0M | 266.0M | 175.0M |
| Tax Refunds Received | 6.4M | 703,900 | 9.7M | 6.9M | 4.3M | 3.8M | 4.9M | 2.5M | 7.1M | 2.5M | -- | -- | 800,000 | 320,400 |
| Total Operating Cash Inflow | 427.0M | 565.0M | 654.0M | 494.0M | 430.0M | 433.0M | 395.0M | 318.0M | 360.0M | 369.0M | 399.0M | 260.0M | 274.0M | 179.0M |
| Cash Paid For Goods | 201.0M | 286.0M | 343.0M | 372.0M | 274.0M | 254.0M | 231.0M | 209.0M | 186.0M | 212.0M | 195.0M | 128.0M | 151.0M | 104.0M |
| Cash Paid To Employees | 125.0M | 128.0M | 135.0M | 115.0M | 94.7M | 83.7M | 81.1M | 70.7M | 56.3M | 53.3M | 52.3M | 43.7M | 38.9M | 30.5M |
| Taxes Paid | 16.2M | 27.5M | 14.6M | 19.6M | 19.3M | 30.5M | 20.3M | 23.8M | 22.5M | 23.4M | 20.2M | 17.3M | 17.5M | 17.6M |
| Total Operating Cash Outflow | 374.0M | 483.0M | 541.0M | 563.0M | 437.0M | 413.0M | 372.0M | 338.0M | 292.0M | 307.0M | 295.0M | 209.0M | 227.0M | 167.0M |
| Operating Cash Flow | 52.8M | 82.1M | 114.0M | -69.1M | -7.1M | 20.6M | 22.7M | -19.8M | 68.6M | 62.6M | 105.0M | 51.3M | 47.0M | 12.0M |
| Total Investing Cash Inflow | 844.0M | 901.0M | 496.0M | 547.0M | 648.0M | 894.0M | 1.1B | 608.0M | 7.0M | 4.1M | 188,700 | 25,000 | 11,800 | 174,600 |
| Total Investing Cash Outflow | 896.0M | 931.0M | 695.0M | 469.0M | 610.0M | 828.0M | 1.2B | 552.0M | 300.0M | 5.3M | 7.7M | 7.6M | 4.7M | 2.5M |
| Investing Cash Flow | -52.4M | -29.8M | -199.0M | 77.7M | 37.4M | 65.5M | -119.0M | 56.2M | -293.0M | -1.2M | -7.5M | -7.5M | -4.7M | -2.3M |
| Cash From Borrowings | -- | 1.4M | 8.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 4.9M | 5.3M | 5.8M | 4.9M | 14.6M | 13.7M | 13.7M | 16.5M | 20.2M | -- | 11.7M | 7.6M | 5.2M | -- |
| Debt Repayments | -- | 814,800 | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | 1.4M | 11.0M | 9.7M | 748,400 | 996,600 | 1.4M | 2.5M | -- | 311.0M | -- | -- | -- | 8.6M |
| Total Financing Cash Outflow | 6.8M | 8.0M | 8.9M | 6.5M | 14.6M | 13.7M | 13.7M | 21.3M | 21.1M | 28.4M | 12.3M | 8.1M | 7.0M | 0.00 |
| Financing Cash Flow | -6.8M | -6.6M | 2.1M | 3.2M | -13.9M | -12.7M | -12.3M | -18.8M | -21.1M | 282.0M | -12.3M | -8.1M | -7.0M | 8.6M |
| Net Change In Cash | -5.5M | 46.1M | -71.2M | 7.7M | 9.6M | 73.4M | -108.0M | 17.1M | -246.0M | 344.0M | 84.8M | 35.6M | 35.3M | 18.3M |
| Ending Cash Balance | 282.0M | 287.0M | 241.0M | 313.0M | 305.0M | 295.0M | 222.0M | 330.0M | 313.0M | 559.0M | 215.0M | 130.0M | 94.6M | 59.3M |
| Capex | 16.0M | 13.5M | 11.8M | 19.1M | 20.2M | 16.4M | 16.1M | 16.5M | 30.1M | 5.3M | 7.7M | 7.6M | 4.7M | 2.5M |